The Rollup How Plasma Plans to Overtake Ethereum and Tron with Jacob Wittman
15 snips
Sep 5, 2025 In this discussion, Jacob Wittman, General Counsel at Plasma with eight years of experience in crypto law, dives into the transformative role of stable chains in global payments. He highlights Plasma's ambitious goal to surpass Ethereum and Tron in transaction volume and the impending launch of its mainnet. Jacob also discusses the essential partnership with Tether to tap into emerging markets, regulatory shifts accelerating adoption, and the importance of educating users about the benefits and complexities of cryptocurrency.
AI Snips
Chapters
Transcript
Episode notes
Jacob's Crypto And Legal Origin Story
- Jacob recounts his path: Bitcoin dabbling in 2012–13, law school, capital markets work, then crypto legal practice.
- He joined Plasma recently after roles at another Layer 2 and in-house positions.
Stable Chains Are A Distinct Category
- Plasma built a purpose-built "stable chain" to serve payments and stablecoin usage rather than treating stablecoins as tokens on other chains.
- Jacob argues major companies validating this model proves the category's inevitability and Plasma's leadership.
Bitcoin Bridge Unlocks DeFi Distribution
- Plasma plans a Bitcoin bridge to bring DeFi distribution and payments to Bitcoin users.
- Jacob predicts many people will hold two assets: stablecoins for transactability and Bitcoin for savings.